News: Owners Developers & Managers

Synergy launches Top of the Tower event
space in Worcester, MA

View from Top of the Tower - Worcester, MA

Worcester, MA Synergy, a real estate investor, operator, and manager, has launched Top of the Tower, an event space situated on the top two floors of the city’s iconic Glass Tower at 446 Main St. Following a launch party held at the space, Top of the Tower has already hosted a variety of events with a robust schedule ahead, offering an array of options from private parties to conferences and professional gatherings.

Situated in downtown, Top of The Tower offers views of the cityscape through its floor-to-ceiling windows. This world-class venue has amenities and is strategically designed to cater to a range of events.

446 Main St., a 24-story class A office building, is the city’s largest and most recognizable landmark. Acquired by Synergy in the fall of 2019, the building has undergone extensive renovations aimed at restoring its status as the crown jewel of the city’s office market. The investment includes upgrades to building systems and the addition of amenities such as a tenant-exclusive gym, Wi-Fi connected lounge, collaborative outdoor space, new retail options, and an expanded main building lobby.

“We are proud to introduce Top of The Tower as the newest addition to Worcester’s event scene,” said David Greaney, CEO of Synergy. “This space offers unparalleled views of Worcester from its prime location atop the Glass Tower. It reflects our ongoing commitment to revitalizing this landmark building and contributing to the vibrant Worcester community.”

“Top of The Tower is the perfect setting for corporate events and parties, and its success thus far is a testament to its appeal,” said Amy LeBlanc, manager at Synergy. “The Glass Tower stands as an iconic symbol within our community, and being able to breathe new life into its upper floors with Top of The Tower has been an honor.”

With its convenient location, tenants and guests of Top of The Tower can enjoy easy access to local hotels, transportation hubs, and an attached parking garage accommodating 600 vehicles. Union Station is just a short walk away for commuters, and Route 146 provides quick access to I-90 (the Massachusetts Turnpike).

As a locally owned and operated company, Synergy is committed to delivering personalized, hands-on management to its tenants and contributing positively to the City of Worcester. Currently, Synergy is redeveloping the largest office-to-residential conversion in Massachusetts at Chestnut Place in downtown Worcester, MA. The two-building property is set to bring 198 new market-rate apartments and 22 affordable apartments to the region.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary